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Grant Thornton Advisors to acquire CBIZ in $5 billion deal
Grant Thornton Advisors has signed a definitive agreement to acquire U.S. professional‑services firm CBIZ in an all‑cash transaction valued at $5 billion. CBIZ shareholders will receive $55 per share, a 17.8% premium to the prior close and about a 54% premium to the 30‑day volume‑weighted average price, triggering a jump of roughly 17% in CBIZ’s stock after the announcement.
The deal is expected to close in the fourth quarter of 2026, subject to shareholder approval and regulatory clearances. After completion, CBIZ will be delisted from the New York Stock Exchange and become a privately‑held subsidiary of Grant Thornton Advisors. New Mountain Capital, which backs Grant Thornton, will supply additional equity to finance the acquisition.
Combined, the firms will generate nearly $7.5 billion in annual revenue and employ more than 34,500 professionals across more than 20 countries and territories, making the new entity the fifth‑largest U.S. provider of professional, tax and advisory services, behind Deloitte, EY, KPMG and PwC. The transaction also includes a plan to spin off CBIZ’s Benefits and Insurance Services segment into an independent company, also backed by New Mountain Capital.
Entities
CBIZ · CBIZ Inc. · Grant Thornton Advisors · Jerry Grisko · Jim Peko · New Mountain Capital
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 11 SOURCES] The combined entity will become the fifth‑largest professional‑services, tax and advisory firm in the United States, behind Deloitte, EY, KPMG and PwC. www.diarioestrategia.cl · www.memesita.com · www.cityam.com · www.accountancyvanmorgen.nl · cronicadecantabria.com · +6 more
- [● 11 SOURCES] New Mountain Capital will provide additional equity to finance the transaction. www.diarioestrategia.cl · www.memesita.com · www.cityam.com · www.accountancyvanmorgen.nl · cronicadecantabria.com · +6 more
- [● 3 SOURCES] Grant Thornton Advisors will acquire CBIZ in an all‑cash transaction with an enterprise value of $5 billion (€4.395 billion). www.diarioestrategia.cl · www.memesita.com · www.cityam.com
- [● 11 SOURCES] The combined firm will generate nearly $7.5 billion in annual revenue and employ more than 34,500 professionals across the Americas, Europe, the Middle East and the Asia‑Pacific. www.diarioestrategia.cl · www.memesita.com · www.cityam.com · www.accountancyvanmorgen.nl · cronicadecantabria.com · +6 more
- [● 11 SOURCES] CBIZ shareholders will receive $55 per share, a 17.8% premium to the prior close and about a 54% premium to the 30‑day volume‑weighted average price. www.diarioestrategia.cl · www.memesita.com · www.cityam.com · www.accountancyvanmorgen.nl · cronicadecantabria.com · +6 more
- [● 11 SOURCES] The transaction is expected to close in the fourth quarter of 2026, subject to shareholder and regulatory approvals. www.diarioestrategia.cl · www.memesita.com · www.cityam.com · www.accountancyvanmorgen.nl · cronicadecantabria.com · +6 more
- [● 11 SOURCES] After completion, CBIZ will be delisted from the New York Stock Exchange and become a privately‑held subsidiary. www.diarioestrategia.cl · www.cityam.com · www.accountancyvanmorgen.nl · cronicadecantabria.com · www.internationalaccountingbulletin.com · +6 more
- [○ 1 SOURCE] CBIZ shares rose about 17.5% in pre‑market trading after the announcement. www.memesita.com
- [● 11 SOURCES] Grant Thornton Advisors agreed to acquire CBIZ in an all‑cash transaction valued at $5 billion. www.accountancyvanmorgen.nl · cronicadecantabria.com · www.diarioestrategia.cl · www.internationalaccountingbulletin.com · www.memesita.com · +6 more
- [● 3 SOURCES] CBIZ’s Benefits and Insurance Services segment will be spun off into a standalone company backed by New Mountain Capital. www.consulting.us · pulse2.com · www.insurancejournal.com